[sanswork]

They get a chunk of the other 300m.

[joezydeco]

Actually it looks like more a chunk:

"By underpricing the stock, Morgan and BOFA gave their best institutional clients a gift of at least $175 million"

http://www.businessinsider.com/linked-in-ipo-2011-5-b

[joezydeco]

A recurring chunk, you mean. =)